Rockland Trust Co. grew its position in shares of Pinnacle West Capital Co. ( NYSE:PNW – Free Report ) by 5.9% in the first quarter, Holdings Channel reports. The firm owned 12,816 shares of the utilities provider's stock after purchasing an additional 718 shares during the period. Rockland Trust Co.'s holdings in Pinnacle West Capital were worth $1,016,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in PNW.

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